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3215 Rockne Ln, Mesquite, TX 75150

3 beds • 2 baths • 1358 sqft

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This property looks like a bad Airbnb investment with a projected -11.24% first-year return on $73,650 initial cash invested.

-11.24%

Cash On Cash

3.49%

Cap Rate

0.56

DSCR

$2,312

Rent

-$690

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,312 income − $3,002 expenses = $690 out of pocket

Income$2,312Out of Pocket$690Mortgage P&I$1,36959%Property Taxes$43119%Insurance$934%Management$34715%CapEx$924%Maintenance$924%Other$57825%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,312

Total Expenses

$3,002

Mortgage P&I

59%

$1,369

Property Taxes

19%

$431

Home Insurance

4%

$93

HOA

0%

$0

Property Management

15%

$347

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$578

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